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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pontotoc at 70 Wages Ln, Pontotoc, MS, 38863 offers $1,746/mo rent that, after a $857/mo payment, leaves $675/mo cash flow. Total monthly income is $1,746/mo, and annual cash flow is $8,095/yr on $58,013 cash. Return on cash invested measures 33.86% in year one, and rental yield stands at 11.97% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 177.62% and total cumulative return in cash reaches $103,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,746/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38863, Pontotoc, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,655 (100%) |
| Owner Occupied HU | 6,242 (64.7%) |
| Renter Occupied HU | 2,126 (22.0%) |
| Vacant Housing Units | 1,287 (13.3%) |
| Median Home Value | $170,000 |
| Average Home Value | $209,586 |
Residential
9,055
Single Family
8,985
Multi-Family
70
Businesses
685
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandie Brown Thomas • SOUTHERN HILLS REALTY&APPRAISAL, INC.
Mls Name: NMMLS
Mls ID: #25-2188
